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Old 09-08-2010, 10:03 PM
 
29,939 posts, read 39,468,904 times
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Quote:
Figure 6: CEOs' pay as a multiple of the average worker's pay, 1960-2007
http://sociology.ucsc.edu/whorulesam...h/Figure_6.gif

Well that doesn't work out for the thread starter...

 
Old 09-08-2010, 10:04 PM
NCN
 
Location: NC/SC Border Patrol
21,663 posts, read 25,634,295 times
Reputation: 24375
Quote:
Originally Posted by ryanst530 View Post
Ok Kovert, what is your solution to the economy? Please tell us.

I'd love to hear how your solutions would work to fix the economy and still give businesses the incentive to stay in business and hire more people.
I figured this out the other day. And the answer is that our nation needs more Christians who won't be so negative all the time. The only thing to fear is fear itself and if you were to gain confidence that God is going to take care of his own, then you would not worry so much and everybody would stop trying to live beyond their means and just go about doing good. The main problem with the economy is GREED.
 
Old 09-09-2010, 10:29 AM
 
6,084 posts, read 6,046,032 times
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Quote:
Originally Posted by cruxan View Post
i agree with that, was just discusing that very subject a while back. big corp cares nothing for the people, i think people are just starting to realize just how greedy big corp has become. if the usa does not bring back industry, inovation soon we will screwed. we are on our way to a third world country


Six Wall Street banks rake in USD 18 bn profit in Q1 - The Economic Times
greedy basstards^^^
Seriously, if people don't wake up, we'll become a banana republic in no time fast.

I recommend checking out talks by the Brit economist Simon Johnson.
 
Old 09-11-2010, 12:41 PM
 
6,084 posts, read 6,046,032 times
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A very interesting article.

"But let's be honest. Back during the Clinton years when taxes were much higher and when health care costs were going through the roof each and every year, companies were hiring like crazy. Many, like my employer, offered big bonuses to any employee who referred a prospect who ended up being hired by our firm. It had nothing to do with certainty about the future or tax rates or socialism or health care costs.

Today many companies that survived the financial crisis are flush with cash and very profitable. But instead of hiring back the workers they laid off, they are investing in new equipment and productivity technology that will enable them to do more business with even fewer employees in the future. They are also using their huge cash hordes to buy other companies so they can lay off even more workers in the future and become even more profitable--at least in the short run.

So, if we're going to be honest there is a lot to talk about and figure out. It will be tough and it will be complicated. It is so much easier to create villains and phony issues to keep people busy being outraged and afraid. Maybe that's why so many of our politicians and media celebrities are going that route instead of giving us the facts and trying to help America."
 
Old 09-11-2010, 06:08 PM
 
2,564 posts, read 1,596,692 times
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Quote:
Originally Posted by kovert View Post
The corporate elites and everyone else.

Mikey spells it out better that it does not matter if you're black or white or if you're left or right.

You're either part of the elite or your not.
I like to call it "Serfin' USA"
 
Old 09-11-2010, 06:25 PM
 
Location: Dallas
31,290 posts, read 20,744,889 times
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Quote:
Originally Posted by kovert View Post
The corporate elites and everyone else.

Mikey spells it out better that it does not matter if you're black or white or if you're left or right.

You're either part of the elite or your not.

Well, you are close to the truth. It's the ruling class vs. the rest of us. Al Gore proved that point as he laughs all the way to the bank with his GW haox.
 
Old 09-12-2010, 06:52 PM
 
6,084 posts, read 6,046,032 times
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Quote:
Originally Posted by Roadking2003 View Post
Well, you are close to the truth. It's the ruling class vs. the rest of us. Al Gore proved that point as he laughs all the way to the bank with his GW haox.
Buddy, this is well beyond Al Gore.

"Incredible imbalances in private and public power and a political playing field that is hugely uneven. A typical non-unionized worker has her one vote, but few other ways to influence policy. Her measly $25 campaign donation is lost in the avalanche of special interest contributions. She might write a letter to her Congressperson, but it will likely be drowned out by the organized letter-writing campaigns of large lobbies. In contrast, for a corporate executive, his vote is his least important political tool. He can have much more influence by donating thousands of dollars to political action committees and well as thousands more in individual donations to specific candidates – all working to increase the election chances of his favorite politicians. And his economic interests are also much better represented in the policymaking process by the many well-healed organizations that lobby for his firm and industry. Finally, our executive is more likely to have his political and policy ideas pitched to Congress by think-tank experts and espoused to the public by media pundits. So here we have two Americans, two citizens who are supposed to be political equals, but who have vastly different amounts of power. This mal-distribution of political power can not help but have a corrosive effect on our democracy."
 
Old 09-13-2010, 08:48 AM
 
2,564 posts, read 1,596,692 times
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Quote:
Originally Posted by kovert View Post
Man, this should be a wake up call.
I am cheering (and crying) at the end of all the Undercover Boss episodes !

As a parent of an adult son with a developmental disability, I was very touched by the CEO of the Waste Management Company, whose daughter has a handicap.

It is so important for these CEO's and upper level corporate executives to go "in the trenches", not only for advocacy of the workers' cause, but to observe the impact that their industry has on the local communities & the environment as well.

Corporate decisions not only affects workers' morale and wages, but also affects the health and well-being of all human beings in general.
These corporate leaders are making decisions that can affect their own children's health. Their families are not immune to their own corporate decisions.

Imagine the prosperity & real job growth (careers w/living wages) this country would have with a Green Economy!
http://en.wikipedia.org/wiki/Green_economy

Last edited by aspiesmom; 09-13-2010 at 09:01 AM..
 
Old 09-13-2010, 08:55 AM
 
27,624 posts, read 21,129,736 times
Reputation: 11095
Quote:
Originally Posted by ryanst530 View Post
What is your damn problem with this country kovert? Move to freakin' Denmark already... I will gladly pay for your tickets
Did you even bother to read the article in the link? The problem does not lie with the OP, the problem lies with those that are not astute or willing enough to take the blinders off. This country was supposedly, among other things, built on tolerance but intolerance for an Oligarchy or a ruling class. Don't you know that? If no one questioned and stood up to the powers that be, we'd still be colonies of the King of England.
 
Old 09-13-2010, 04:54 PM
 
6,084 posts, read 6,046,032 times
Reputation: 1916
Quote:
Originally Posted by aspiesmom View Post
I am cheering (and crying) at the end of all the Undercover Boss episodes !

As a parent of an adult son with a developmental disability, I was very touched by the CEO of the Waste Management Company, whose daughter has a handicap.

It is so important for these CEO's and upper level corporate executives to go "in the trenches", not only for advocacy of the workers' cause, but to observe the impact that their industry has on the local communities & the environment as well.

Corporate decisions not only affects workers' morale and wages, but also affects the health and well-being of all human beings in general.
These corporate leaders are making decisions that can affect their own children's health. Their families are not immune to their own corporate decisions.

Imagine the prosperity & real job growth (careers w/living wages) this country would have with a Green Economy!
Green economy - Wikipedia, the free encyclopedia
Yes, it would help bridge the tremendous wealth gap if the corporate eilte actually walked among the people they look down upon.

They really live in their own bubble with other elitists like themselves.
They just can't relate, even fathom what working and middle income Americans are going through.

That's why there was such a rush to help Wall Street but a lot of twiddling thumbs and at best half @ss attempts to help Main Street.

That's why campaign finance reform is the foremost foundation for all other reforms.

Good luck with your kid.
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